Tariffs: Bark Worse Than Bite?

Published on January 30, 2025

Markets responded positively during Trump's first week in office, despite threats of tariffs on the three largest trading partners of the U.S. Are trade risks being dismissed?

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Unemployment Insurance Weekly Claims Report

January 30, 2025
In the week ending January 25, the advance figure for seasonally adjusted initial claims was 207,000, a decrease of 16,000 from the previous week's unrevised level of 223,000. The 4-week moving average was 212,500, a decrease of 1,000 from the previous week's unrevised average of 213,500.

Equity Outlook: Climbing the Wall of Worry

January 30, 2025
Equity markets are facing a variety of headwinds, but the economy remains strong, and we believe there will be ample opportunities to invest in attractively valued quality growth companies in 2025.